Germany March trade balance €20.5 billion vs €21.1 billion expected

Author: Justin Low | Category: News

Latest data released by Destatis - 7 May 2021

  • Prior €18.1 billion; revised to €18.2 billion
  • Exports +1.2% vs +0.5% m/m expected
  • Prior +0.9%; revised to +1.0%
  • Imports +6.5% vs +0.8% m/m expected
  • Prior +3.6%
A modest beat in both exports and imports on a seasonally adjusted basis, as German trade conditions continue to slowly work its way back towards pre-virus levels.
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